| C07116-2026 |
| Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
|---|---|---|
| COMMON SHARES | 1,490,000,003 |
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| Subject of the Disclosure |
|---|
NexGen's subsidiary, SPARC-Solar Powered Agri-rural Communities Corporation, signs Power Supply Agreement with a Retail Electricity Supplier, Marubeni Philippines Energy Corporation. |
| Background/Description of the Disclosure |
NexGen Energy Corp. ("XG") informs the Exchange that its subsidiary, SPARC-Solar Powered Agri-Rural Communities Corporation ("SPARC"), signed a Power Supply Agreement ("PSA") on 30 September 2026 with Marubeni Philippines Energy Corporation ("MPEC"). MPEC is a Retail Electricity Supplier licensed by the Energy Regulatory Commission and a member of the Marubeni group. |
| Other Relevant Information |
The PSA marks NexGen's entry into direct supply to the retail electricity market. It secures contracted, long-term revenue for the San Rafael plant and establishes a supply relationship with a Marubeni-group retail electricity supplier. NexGen intends to pursue this commercial model across its operating solar portfolio and development pipeline, as it expands the supply of renewable energy and RECs to retail electricity customers. NexGen and Marubeni intend to explore further opportunities to collaborate on future projects. |
| Name | Susan Carisma |
|---|---|
| Designation | CORPORATE SECRETART/VP FOR LEGAL & CORPORATE AFFAIRS |